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Oil prices dipped for a second session on Monday after Libya resumed production over the weekend while China, the world's largest crude importer, is expected to release economic data showing that its post-pandemic recovery is fizzling out.
The sale of gold bonds crossed Rs 4,604 crore during the tranche issue in June 2023, shows data from the RBI. This is the highest till date.
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BP and Azeri national oil company Socar have taken part for the first time in an Israeli licencing round for natural gas exploration, the latest sign of growing international interest in the Eastern Mediterranean basin, sources said.
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The U.S. Federal Trade Commission is considering its options after stinging losses last week in its bid to stop Microsoft's $69 billion deal to buy Activision, a source told Reuters on Monday amid expectations the agency's fight is nearing the end.
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Chevron Corp is comfortable with buying U.S. liquefied natural gas (LNG) on long-term contracts rather than constructing its own U.S. domestic export facility, said Freeman Shaheen, the company's head of global gas.